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Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

Hayleys M G T- Knitting Mills PLC has recorded a profit after tax of Rs. 90 Million (USD 680,000) for the financial year ending 31st March 2015, delivering a profit growth of 149% and a top line growth of 6% year on year. FY 2014/15 marked the first year of the Company recording a surplus…

(0)Comments | May 20, 2015 12:29 pm

Haycarb records turnover of Rs. 11.9 billion and profit before tax of Rs. 1.07 billion for 2014/15

The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 11.9 billion, profit before tax of Rs. 1,070 million and profit after tax of Rs. 873 million for 2014/15. The earnings per share of equity holders of the company were Rs. 23.39 for the year. Haycarb is the pioneer manufacturer of coconut shell activated carbon…

(0)Comments | May 20, 2015 12:20 pm

H One announces partnership with One Paper Lane to offer Paperless Offices to Cloud customers

The Hirdaramani Group’s IT arm, H One (Pvt) Limited, has plans to clear office desks of paper and make filing cabinets redundant, with their latest partnership with an innovative cloud-based software from leading US-based Software company, One Paper Lane.  H One, the No. 1 cloud provider in Sri Lanka is adding another chapter in their…

(0)Comments | May 20, 2015 12:11 pm

Colombo Leadership Academy concludes successful workshop on Leading with Emotional Intelligence for High Performance

In an effort to provide better understanding and proactive growth in the business and human resources field, the Colombo Leadership Academy (CLA) recently presented a series of Business Strategy workshops with renowned emotional intelligence guru Archana Law. Tailored to provide better insights and the right tools to utilize emotional intelligence in the day to day…

(0)Comments | May 19, 2015 3:57 pm

ATOM re-launches Dharmapala Mawatha store

ATOM Technologies, high quality retail, corporate and consumer media solutions providers, re-launched its portfolio at its inaugural store recently. Founded in 2007, the company has established a strong distribution network island-wide, in addition to entering the Middle Eastern market via stores in Dubai and Bahrain. Based out of its corporate office in Nugegoda, Sri Lanka,…

(0)Comments | May 19, 2015 11:03 am

Mahapola Lotto partners with LAUGFS Supermarkets

Continuing its rapid expansion drive, lotteries innovator Mahapolo Lotto has taken another giant leap forward in its growth, partnering with fellow innovator LAUGFS Supermarket outlets to deploy the tamperproof Mahapola Lotto ticket machines across all 35 LAUGFS of its store locations. As such, all LAUGFS Supermarkets will soon start carrying the entire range of Mahapolo…

(0)Comments | May 19, 2015 11:00 am

Dipped Products Records Rs. 1.7 Billion PBT in 2014/15

Dipped Products Group (DPL), posted a turnover of Rs. 27.7 billion, a 20 percent increase for the financial year 2014/15 with a Profit Before Tax (PBT) of Rs. 1.7 billion.  Hand Protection, the company’s glove making business contributed Rs. 15 billion to turnover, up 12 percent and a PBT of Rs. 1.5 billion, up 65…

(0)Comments | May 18, 2015 1:40 pm

Sri Lanka Insurance facilitates its Millionaires’ Club members

The annual Millionaires club awards night of Sri Lanka Insurance was held at Waters Edge Hotel under the patronage of SLIC Chairman Mr. Hemaka Amarasooriya, Managing Director Mr. Bangsa Jayah, Executive Director Mr. P.P.J. Perera and Director Mr. Imal Fonseka. The objective of establishing this prestigious club is to recognize and reward productive field officers…

(0)Comments | May 18, 2015 1:33 pm

Virtusa Ranked Most Valuable IT Export Brand in Sri Lanka

Virtusa Corporation (NASDAQGS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, announced it has been rated the most valuable IT export brand in the country by Brand Finance Lanka in its 12th edition of Brands Annual. Emerging fourth within the export category,…

(0)Comments | May 18, 2015 1:22 pm

Virtusa Announces Fourth Quarter and Full Year Fiscal 2015 Consolidated Financial Results

WESTBOROUGH, Mass:  Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that combines innovation, technology leadership and industry solutions to transform the customer experience, reported consolidated financial results for the fourth quarter and full fiscal year 2015, ended March 31, 2015. Fourth Quarter Fiscal 2015 Consolidated Financial Results Revenue for the…

(0)Comments | May 18, 2015 1:18 pm